Car finance calculator

People with excellent credit have usually been at the same address for a long period of time and are registered on the electoral roll. You will have a perfect & long standing credit history showing loan, credit card and mortgage repayments & have no CCJs, defaults or missed payments. You will rarely apply for credit.
People with good credit have usually been at the same address for a long time and are registered on the electoral roll. You are most likely a homeowner or a long term tenant with a stable employment history. You'll likely have a long standing credit history with a mortgage, loan and credit cards with very few missed payments.
You may have had recent changes in address & an irregular electoral roll record. You may have recently changed job and you may have high levels of debt compared to your income. Credit applications made frequently. You may have occasional missed payments or go over your credit limit(s).
People with poor credit may have had frequent changes of address that are not recorded on the electoral roll. You may have recently changed jobs or had periods of unemployment. You're likely to be over your credit limit(s) and late with your credit repayments. You have recent missed / late payments or defaults, CCJs.
Unstable / erratic address history (not on electoral roll). Recent periods of self-employment or unemployment. Over committed on loans/cards. Current late payments on file, Defaults or CCJ's. In an IVA, DM Plan or Bankruptcy.
Representitive Example

Your repayments

Best Available Rate 5.8%
Total Repayment £8,626.98
Total Cost of Credit £1,126.98
60 Monthly Repayments £143.78
Apply Now »

Representative Example Credit Excellent

Loan Amount:
£2,995
Loan Term:
36 Months
Monthly Repayments:
£97.67
Representative APR:
5.8%
Total Cost of Credit:
£521.13
Total Amount Repayable:
£3516.13

Representative Example Credit Good

Loan Amount:
£2,995
Loan Term:
36 Months
Monthly Repayments:
£107.40
Representative APR:
9.7%
Total Cost of Credit:
£871.54
Total Amount Repayable:
£3866.54

Representative Example Credit Fair

Loan Amount:
£2,995
Loan Term:
36 Months
Monthly Repayments:
£119.38
Representative APR:
14.5%
Total Cost of Credit:
£1302.82
Total Amount Repayable:
£4297.82

Representative Example Credit Poor

Loan Amount:
£2,995
Loan Term:
36 Months
Monthly Repayments:
£140.34
Representative APR:
22.9%
Total Cost of Credit:
£2057.56
Total Amount Repayable:
£5052.56

Representative Example Credit Bad

Loan Amount:
£2,995
Loan Term:
36 Months
Monthly Repayments:
£157.57
Representative APR:
29.8%
Total Cost of Credit:
£2677.53
Total Amount Repayable:
£5672.52

*Subject to meeting the terms and conditions of our lending panel


Please note that your personal finance example and monthly repayment are designed to give you an indication of how much you may expect to pay for your loan. Due to the many factors involved in vehicle finance companies making their decision, Car Credit Expert can't guarantee being able to obtain a loan at the quoted rates/prices. At Car Credit Expert we will always try to obtain the best deal for you based on all your circumstances.

Apply for your Car Finance Today!

Get your Car Finance Quote

How does it work?

Fill in an application, make sure all your details are correct and send it off to us.

We'll look at your application and come to a decision as to whether we can issue you with your finance request.

Once everything looks good, we'll contact you and get the finance process in motion!

Get in touch today!

01494 786 888

This website uses cookies to ensure you get the best experience on our website. More Info